USD/CHF. Midrem Outlook

23 ביולי 2020

The weakening of the dollar against major currencies came as a reason for the pair's decline towards 0.92400. This is a strong resistance level, wich was established in 2018. The correction towards 0.93670 is likely. There is a chance that the dollar will begin to recover soon, and that would be the reason for USD/CHF to turn in the direction of the resistance level. This could happen next week.
Do not forget about Stop Loss!
Good Luck!